XN000022-1978-11-20 — Page 9

8

MONDAY, NOVEMBER 20, 1978

SHA TIN INDUSTRIAL LAND AUCTION TOMORROW

*****

A 3,040-SQUARE-METRE SITE IN SHA TIN NEW TOWN'S FIRST LIGHT INDUSTRIAL AREA AT FO TAN WILL BE PUT UP FOR AUCTION. TOMORROW (TUESDAY).

THE AUCTION, TO BE HELD AT THE SHA TIN GOVERNMENT SECONDARY SCHOOL AT 11 A.M., WILL BE CONDUCTED BY MR. ROGER THOMPSON, SENIOR ESTATE SURVEYOR OF THE SHA TIN DISTRICT OFFICE.

THE PRIME SITE IS CONVENIENTLY LOCATED IN THE NEW TOWN AND HAS GOOD ROAD ACCESS TO KOWLOON BY THE SHA TIN TRUNK ROAD AND CLOSE TO THE FO TAN RAILWAY STATION.

IT CARRIES A BUILDING COVENANT OF $4,910,000 TO BE FULFILLED WITHIN 30 CALENDAR MONTHS FROM JANUARY 1 NEXT YEAR, AND HAS A PLOT RATIO OF 9.5 WHICH ALLOWS, UNDER NORMAL CIRCUMSTANCES, FOR THE DEVELOPMENT OF A 14-STOREY BUILDING.

NOTE TO EDITORS:

TION

YOU ARE INVITED TO COVER THE AUCTION TOMORROW (TUESDAY). OFFICERS OF THE PUBLICITY UNIT OF THE NEW TERRITORIES ADMINISTRATION WILL BE ON HAND TO ASSIST PRESS MEMBERS AND INTERVIEWS CAN BE ARRANGED WITH OFFICERS OF THE SHA TIN DISTRICT OFFICE AFTER THE AUCTION, IF REQUIRED.

19